The collaboration will focus on improving access to care, personalized care, and health equity for patients
COLUMBUS, Ohio and WOONSOCKET, R.I. JANUARY 25, 2024 – The Ohio State University Wexner Medical Center and CVS Accountable Care, part of CVS Health® (NYSE: CVS), today announced the creation of an accountable care organization (ACO) to improve the quality of care for Medicare beneficiaries by Ohio State providers in central Ohio. This coordinated approach to delivering care is centered around each patient’s unique needs and emphasizes preventive wellness and proactive treatment of chronic conditions.
The new CVS ACO, LLC (CVS ACO), a Medicare Shared Savings Program (MSSP) Enhanced track ACO, expands the Ohio State Wexner Medical Center’s ACO work and furthers both organizations’ focus on improving people’s lives and providing patients with the right care at the right time in the most appropriate care setting. The CVS ACO will combine resources from both organizations to provide more patients with care coordination and longitudinal care management to address both medical and social needs.
“As we prepare for the nationwide shift to having all Medicare beneficiaries in accountable care relationships by 2030, this collaboration with CVS Accountable Care is a natural progression of Ohio State’s work in this space that builds on our commitment to provide the very best care to every patient, every time,” said John J. Warner, MD, CEO of The Ohio State University Wexner Medical Center and executive vice president at Ohio State. “It’s important that we meet every patient where they are in their health care journey and take the next step in being accountable for our patients’ holistic health and improved outcomes.”
To give patients high-quality, coordinated service and care, the Ohio State Wexner Medical Center and CVS Accountable Care clinical care teams will focus initially on supporting the transition of care for all ACO beneficiaries following a hospitalization, providing medical and social support services for beneficiaries with higher risk of hospitalization or readmission, and strengthening comprehensive care management for all ACO patients. Patients will benefit from increased touchpoints from a clinical care team member, including education regarding complex medical conditions, assistance with scheduling follow-up visits, and access to community resources.
“We are combining care delivery capabilities and engaging our assets on behalf of patients, including those in Ohio who receive care from Ohio State Wexner Medical Center. Together, we are focused on driving high-quality outcomes, promoting health equity, and bringing health care costs down,” said Dr. Mohamed Diab, President, CVS Accountable Care. “The collaboration will immediately provide value to patients, physicians and care teams within the Ohio State family. We look forward to bringing complementary expertise, resources, and tools from across CVS Accountable Care to Ohio State patients and care providers.”
**Editor’s Note: Soundbites available for download: Ohio State Wexner Medical Center - ACO - CVS.mp4 **
About The Ohio State University Wexner Medical Center
Comprises the College of Medicine and its School of Health and Rehabilitation Sciences; the Office of Health Sciences, including OSU Faculty Group Practice; various research centers, programs and institutes; The Ohio State University Comprehensive Cancer Center – Arthur G. James Cancer Hospital and Richard J. Solove Research Institute; and the Ohio State Health System, which includes University Hospital, East Hospital, Ohio State Harding Hospital, the Richard M. Ross Heart Hospital, Dodd Rehabilitation Hospital, the Ohio State Brain and Spine Hospital, the Ohio State Primary Care Network, Outpatient Care multispecialty outpatient facilities, Urgent Care, Advanced Urgent Care and Same-Day Care locations.
About CVS Accountable Care
CVS Accountable Care, part of CVS Health®, is a value-based risk enablement and management partner. We enable and financially support a full spectrum of providers in a glide path to risk with varying programs and service models to meet providers where they are. CVS Accountable Care was formed In 2023 as a result of bringing together Signify Health Value-based Care Solutions with the CVS Accountable Care Organization. As CVS Accountable Care, we enable 200+ health systems, 60k+ clinicians in value-based care contracts across the nation, caring for over 1 Million Medicare patients.
For Ohio State Wexner Medical Center: Marti Leitch, email@example.com
For CVS Accountable Care: Lynn Shepherd, firstname.lastname@example.org